Exclusive: CPT Markets CEO Sherif Sanad resigns
FNG Exclusive… FNG has learned that Sherif Sanad has resigned his position as Group CEO of Dubai based Retail FX and CFDs broker CPT Markets.
CPT Markets is controlled by UAE-based Chinese entrepreneur Zhijian Wang. The group operates an FCA licensed operation CPT Markets UK Limited (at website cptmarkets.co.uk) run by longtime Managing Director Nick Lewis, and a Belize domiciled offshore entity CPT Markets Limited (at website cptmarkets.com).
We had exclusively reported back in August that Sherif Sanad had joined CPT Markets, after serving as CEO MENA for Australia based Retail FX broker GO Markets for three and a half years. Prior to joining GO Markets in early 2019 Mr. Sanad was CEO of Cyprus based Exclusive Capital (2014-2018), MENA Region Director at Velocity Trade (2013-2014), and had also worked at RG Markets and One Financial Markets.
CPT Markets – formerly known as Citypoint Trading – was sold a couple of years ago, with Zhijian Wang acquiring control of the broker from former CEO Salam Alaswad and Jordanian investor Mahdi Agha.